this post was submitted on 23 Jun 2025
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Science Memes

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[โ€“] Whats_your_reasoning@lemmy.world 16 points 1 week ago (1 children)

Monoposony - like a monopoly but a single buyer who can set prices and terms, rather than a single seller.

I went looking for more information about that term and wasn't finding anything. But then the dictionary suggested Monopsony, which I figure is what you meant?

[โ€“] Hegar@fedia.io 5 points 1 week ago

Yeah I thought it was monopsony but my autocorrect gave me that incorrect spelling and I didn't bother to double check.